RE:Jennifer Laura WagnerThis first quarter was not a surprise... especially the lower production in Jan and Feb. They guided Fosterville lower in their last report due to sequencing of lower grade stopes. The more surprising numbers were the March production numbers. It's hards to just take a month's of production or even a quarter and then just annualize it due to the mine plan. 620k was a lowball number. I have little doubt KL will be guiding up at least once, maybe twice. As for Wagner, the amount of insider selling at KL is so trivial I don't think it matters. What would be really really exciting is if Sprott starts buying again once they get into the Swan Zone. Then we will know that 260-300k at Fosterville is a lowball joke.
Goldbug52 wrote: Ladies and gentlemen, honestly, I think we dodged a bullet. If we had averaged the approx. 38 K per month of Jan. and Feb. in March, we would have been taken to the woodshed by the market. 120 oz. for the quarter would not have cut it. Why do I bring up Jennifer? I occasionally look at Canadianinsider.com and saw a sell in the open market by Jen; Kirkland Lake corporate Counsel and secretary. I didn't pay it too much attention at the time. However after the corporate update, I was curious about her timing. She sold on March 5. Does anyone here think that she didn't know about the first two months of lousy production? Or maybe she she just wanted to move up to a bigger mansion. I am long but skittish. Hubris gets you nowhere.